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Index Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

MIRAE ASSET HANG SENG 2X IOPV (PACF:7231.IV)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

PACF_7231.IV
Open High Low 7231.IV Price Change
108959 0 107119 107554 -872
Entry Signal

MarketClub’s Trade Triangles for 7231.IV

long term down The long term trend has been DOWN since Nov 12th, 2017 at 195653

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 120185

short term down The short term trend has been DOWN since Jul 10th, 2018 at 108372

Smart Scan Analysis for 7231.IV

Based on a pre-defined weighted trend formula for chart analysis, 7231.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for 7231.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108959 0 107119 107554 -872
Prev. Close Volume Bid Ask Time
108426 0 2018-07-18 04:14:44
52wk High23238952wk High Date2017-11-10
52wk Low10503452wk Low Date2018-07-05
Want to analyze MIRAE ASSET HANG SENG 2X IOPV 7231.IV or another symbol? Try our Free Index Trend Analysis Report.